Related Mcqs:

1. The purchase order lead time is multiplied to the number of units sold per unit of time, to calculate ____________?

   A. carrying costs
   B. relevant total costs
   C. economic order quantity
   D. reorder point

2. The reorder point is divided by number of sold units for per unit of time to calculate ___________?

   A. relevant carrying cost
   B. relevant ordering cost
   C. purchase order lease time
   D. number of purchase orders

3. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?

   A. 1800 units
   B. 1500 units
   C. 1300 units
   D. 1500 units

4. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?

   A. 1800 units
   B. 2300 units
   C. 10300 units
   D. 1500 units

5. If target operating income is $38000, contribution margin per unit is $400, then the number of units must be sold to earn targeted operating income will be ___________?

   A. 65 units
   B. 75 units
   C. 95 units
   D. 85 units

6. If the beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and the completed good units are 8000 then total spoilage will be ____________?

   A. 1200 units
   B. 990 units
   C. 1100 units
   D. 1000 units

7. The sum of beginning work in process inventory units and started units, is subtracted from the sum of ending work in process inventory units and transferred out units of goods, to calculate ____________?

   A. Gross weighted spoilage
   B. inventoriable spoilage
   C. partial spoilage
   D. total spoilage

8. If the demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then the economic order quantity will be ___________?

   A. 678 packages
   B. 648 packages
   C. 658 packages
   D. 668 packages

9. If the per unit budgeted per unit cost is $165 and budgeted production units are 400 then fixed budgeted manufacturing costs will be ___________?

   A. $36,000
   B. $66,000
   C. $56,000
   D. $46,000

10. The number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate _____________?

    A. annual irrelevant ordering costs
    B. annual relevant carrying costs
    C. annual relevant ordering costs
    D. annual irrelevant carrying costs